About Mutual of Indiana Insurance Company

Mutual of Indiana is an Indiana Company and is owned and operated by the policyholders. Mutual Insurance is the oldest and most stable form of insurance in the United States. The oldest insurance company in America was a Mutual Fire Company organized by Benjamin Franklin in 1752, twenty-four years before the signing of the Declaration of Independence.

Territory

Mutual of Indiana is licensed to write fire, lightning, extended coverage, multiperil and wind insurance in Indiana.

Stability

Mutual of Indiana Insurance Company was organized in January 1897 and has been in continuous operation since that date. The company has striven to maintain an adequate safety fund as a safeguard against unfavorable experience and contingency which may arise. In addition to the safety fund, the company also carries a reinsurance program.

Board of Directors


Back Row From left to right: Gene McGowen, Gordon Denton, Jeremy Brown, Murray Marshal.
Front Row from left to right: Don Putt, Susan Taggart, Cecil Zacher.

Gene McGowen II, President of the Board of Directors

L. Gene McGowen has been a Mutual of Indiana policyholder since 2008. Since his time on the Board of Directors, Gene has served as the Secretary-Treasurer and is currently the President-Chairman of the Board of Directors. Gene attended Purdue University studying Business Management. Mr. McGowen earned his Farm Mutual Director Certification through the National Association of Mutual Insurance Companies (NAMIC) in 2015. Gene is a contributor to the National Association of Mutual Insurance Companies (NAMIC) PAC and the Mutual Insurance Company Association of Indiana (MICAI) PAC.

Gene lives in Williamsport, Indiana and has two daughters, one son, and three grandsons. Gene is owner and President of Millennium Supply, Inc. and Millennium Real Estate. In the past Gene has been a member of the Board of Directors with the Warren County Community Foundation. Gene’s background of financial management through owning and managing his own businesses for the past 35 years will allow Gene to contribute to the success of the Mutual, its financial stability, and continued prosperity

Donald Putt, Vice President of the Board of Directors

Don Putt has been a Mutual of Indiana Insurance Company policyholder since 1973 and was elected to the Board of Directors on April 7, 2000. During his time on the Board of Directors, Don has served as the 2 nd Vice President and is currently serving as Vice President. Mr. Putt earned his Farm Mutual Director Certification through the National Association of Mutual Insurance Companies (NAMIC) in 2012, and is a contributor to both the NAMIC PAC and the Mutual of Insurance Company Association of Indiana (MICAI) PAC.

Don lives in Remington, Indiana with his wife Sandy. They have two daughters and four grandchildren. He has been involved in farming all his life and has been a farm owner and operator since 1970. Don was a past Board Member for the Farm Bureau Co-op and the Jasper County Fair. He is currently a trustee on the Welsh Cemetery Board.

Cecil Zacher, Secretary-Treasurer of the Board of Directors

Cecil Zacher has been a policyholder with Mutual of Indiana Insurance Company since 1963 and was elected to their Board of Directors on April 7, 2000. During his time on the board, Cecil has served as Vice President and is currently serving as Secretary-Treasurer. Mr. Zacher earned his Farm Mutual Director Certification through the National Association of Mutual Insurance Companies (NAMIC) in 2012. Cecil is a contributor to both the NAMIC PAC and the Mutual of Insurance Company Association of Indiana (MICAI) PAC.

Cecil lives in Rensselaer, Indiana with his wife Josie. They have two children and four grandchildren. Cecil served in the Army National Guard and is now retired from a 50-year career as a full-time farmer. Cecil has also served on the Newton Township Board of Directors. He was a past Council Member of the Jasper County 4-H and has served as a Trustee on the Church Committee where he attends services.

Jeremy Brown, Director

Jeremy Brown was elected to the Mutual of Indiana Insurance Company’s Board of Directors on May 3, 2011. Since his time on the Board of Directors, Jeremy has served as the Secretary-Treasurer and the President-Chairman. Jeremy has earned an Associate degree from Ivy Tech Community College in Business Management, a bachelor’s degree from the School of Technology at Purdue University, and a Certificate of Innovation & Entrepreneurship from the Krannert School of Management at Purdue University. Mr. Brown earned his Farm Mutual Director Certification through the National Association of Mutual Insurance Companies (NAMIC) in 2013, and is a contributor to both the NAMIC PAC and the Mutual Insurance Company Association of Indiana (MICAI) PAC. He also serves on the MICAI planning committee.

Gordon Denton, Director

Gordon Denton has been a policyholder with Mutual of Indiana Insurance Company since 1985 and was elected to the Board of Directors on February 6, 1999. During his time on the Board of Directors Gordon has served as President and 2nd Vice President. Mr. Denton earned his Farm Mutual Director Certification through the National Association of Mutual Insurance Companies (NAMIC) in 2012. He is a contributor to both the NAMIC PAC and the Mutual Insurance Company Association of Indiana (MICAI) PAC. Gordon has also participated in the NAMIC Washington D.C. Congressional Contact Program.

Gordon lives in Chalmers, Indiana with his wife Marilyn where he has been a full-time farmer since 1953. They have four children, six grandchildren, and three great grandchildren. Gordon also serves on the White County ABC Board of Directors as Chairman, the White County Food Pantry Board of Directors, and has served on the Big Creek Township Advisory Board for the past 49 years. In the past he has been a member of the White County Community Foundation and is a church elder.

Murray MarshallMurray Marshall, Director

Murray Marshall was elected to the Mutual of Indiana Insurance Company’s Board of Directors on April 13, 2012. Murray earned his bachelor’s Degree from Purdue University and is also a graduate of the National Commercial Lending School. Mr. Marshall is a contributor to both the NAMIC PAC and the Mutual Insurance Company Association of Indiana (MICAI) PAC.

Murray lives in West Lafayette, Indiana and has two children. He is currently the Vice President and Commercial Banking Officer with Lafayette Bank & Trust in Lafayette, Indiana. He has worked in the banking industry since 1975, holding previous Commercial Lending positions at Salin Bank for 10 ½ years as well as Bank One for 22 years. He has volunteered his time to the Purdue Track & Field program and has held positions on the Board of Directors of Tippecanoe County Child Care and Lafayette Business-toBusiness.

Susan Taggart, CEO Chief Operating Officer

Susan Taggart has been with Mutual of Indiana Insurance Company since 1994. Ms. Taggart holds a bachelor’s Degree in Business Administration from Saint Mary’ s of the Plains College in Kansas. She has also earned two Associates Degrees; one in Accounting and one in Business Management. She has her agents’ license, PFMM designation, and FMDC designation.

Susan lives in West Lafayette, Indiana. She is currently on the Board of Directors of Grinnell Mutual Reinsurance Company in Grinnell, Iowa. She is a member of the Merit Society of the National Association of Mutual Insurance Companies (NAMIC) where she is currently serving as a Board of Director and Board of Director of the NAMIC PAC. She is also currently serving as Board of Director of the NAMIC Farm Mutual Conference Board. She is on the NAMIC convention planning committee, was past Chairman of the NAMIC Leadership Forum, and has participated in the NAMIC Congressional Contact Program. She is also a supporter of the NAMIC and the MICAI PAC and is past President and Vice President of the Board of Directors of the Mutual Insurance Companies Association of Indiana (MICAI). Susan strives to consistently grow the business yet keep that small-town company touch.

Reinsured by:
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